American Century Companies Inc. Has $100.92 Million Holdings in Infosys Limited (NYSE:INFY)

American Century Companies Inc. boosted its position in Infosys Limited (NYSE:INFY) by 31.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,603,993 shares of the technology company’s stock after purchasing an additional 1,097,105 shares during the period. American Century Companies Inc.’s holdings in Infosys were worth $100,920,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of INFY. SG Americas Securities LLC acquired a new stake in shares of Infosys during the 4th quarter worth approximately $311,000. Jones Financial Companies Lllp boosted its stake in Infosys by 15.9% during the fourth quarter. Jones Financial Companies Lllp now owns 7,520 shares of the technology company’s stock worth $165,000 after acquiring an additional 1,030 shares in the last quarter. Haven Global Partners LLC acquired a new stake in Infosys in the fourth quarter worth $4,078,000. Nomura Asset Management Co. Ltd. increased its stake in Infosys by 22.5% in the third quarter. Nomura Asset Management Co. Ltd. now owns 670,907 shares of the technology company’s stock valued at $14,941,000 after purchasing an additional 123,083 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Infosys by 11.8% during the third quarter. Barclays PLC now owns 2,523,605 shares of the technology company’s stock valued at $56,200,000 after purchasing an additional 266,902 shares during the period. Institutional investors own 16.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on INFY shares. Guggenheim reaffirmed a “neutral” rating on shares of Infosys in a research report on Friday, January 17th. StockNews.com lowered Infosys from a “buy” rating to a “hold” rating in a research report on Thursday, March 20th. CLSA raised shares of Infosys from a “hold” rating to an “outperform” rating in a research report on Friday, March 7th. HSBC upgraded shares of Infosys from a “hold” rating to a “buy” rating in a report on Monday, December 9th. Finally, Hsbc Global Res upgraded shares of Infosys from a “hold” rating to a “strong-buy” rating in a report on Monday, December 9th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $19.70.

Infosys Trading Up 1.5 %

Shares of NYSE:INFY opened at $18.60 on Tuesday. The stock has a market cap of $77.02 billion, a PE ratio of 23.54, a price-to-earnings-growth ratio of 3.50 and a beta of 1.01. The stock’s fifty day simple moving average is $20.73 and its two-hundred day simple moving average is $21.86. Infosys Limited has a 1-year low of $16.04 and a 1-year high of $23.81.

Infosys (NYSE:INFY) last released its quarterly earnings results on Thursday, January 16th. The technology company reported $0.19 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.19. Infosys had a net margin of 17.28% and a return on equity of 31.60%. During the same quarter last year, the company earned $0.18 EPS. On average, sell-side analysts forecast that Infosys Limited will post 0.74 earnings per share for the current fiscal year.

Infosys Profile

Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other.